KYNDRYL GRANTS INDUCEMENT EQUITY AWARDS PURSUANT TO NYSE RULE 303A.08

Kyndryl (KD) granted inducement equity awards to six new non‑executive officer employees, totaling 33,577 restricted stock units (RSUs), under NYSE Rule 303A.08.

Rhea-AI Summary

Kyndryl (KD) granted inducement equity awards to six new non‑executive officer employees, totaling 33,577 restricted stock units (RSUs), under NYSE Rule 303A.08.

The awards comprise 7,778 RSUs vesting in four equal annual installments and 25,799 sign-on RSUs vesting in two equal annual installments, both starting on the first anniversary of the September 1, 2026 grant date. The RSUs were approved under the Kyndryl 2026 Employment Inducement Equity Incentive Plan and are described as a material inducement to the employees’ acceptance of employment.

Market Context

Genpact (G) was up 2.5% in the peer data, providing a contrasting services-sector reference for asse...

Analysis

Genpact (G) was up 2.5% in the peer data, providing a contrasting services-sector reference for assessing this compensation disclosure. The comparison adds context, while moderate short positioning remained a risk factor and the award terms warrant attention.

Key Figures

Recipients: 6 employees Total Awards: 33,577 restricted stock units Annual-Vesting RSUs: 7,778 restricted stock units +3 more

6 metrics

Recipients 6 employees New non-executive officer employees

Total Awards 33,577 restricted stock units Aggregate inducement equity awards

Annual-Vesting RSUs 7,778 restricted stock units Vest in four equal annual installments

Sign-On RSUs 25,799 restricted stock units Vest in two equal annual installments

Annual Installments 4 installments For 7,778 restricted stock units

Sign-On Installments 2 installments For 25,799 sign-on restricted stock units

Historical Context

5 past events · Latest: Sep 01 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Sep 01	Investor conference	Neutral	-2.4%	Conference presentation announcement preceded a 2.38% decline.
Aug 27	Strategic alliance	Positive	+4.5%	Broadcom alliance expansion accompanied a 4.46% gain.
Aug 19	Industry award	Positive	+0.3%	AI innovation award recognition accompanied a 0.32% gain.
Aug 14	Inducement awards	Neutral	-3.4%	Executive inducement awards announcement accompanied a 3.42% decline.
Aug 10	Acquisition agreement	Positive	-1.9%	Healthcare IT acquisition agreement accompanied a 1.91% decline.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Kyndryl's recent news reactions diverged from the announcement sentiment in three of five selected events.

Key Terms

restricted stock units, employment inducement exemption

2 terms

restricted stock units financial

"including in the aggregate 33,577 restricted stock units in reliance"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

employment inducement exemption regulatory

"in reliance on the employment inducement exemption under the NYSE's"

An employment inducement exemption is a regulatory allowance that lets a public company grant stock or option awards to a new hire without getting prior shareholder approval, provided the awards are given solely to attract or retain that employee and meet specific limits and rules. Investors care because these one-off grants increase the total number of shares available and can dilute existing ownership and earnings per share, much like adding more slices to an already shared pie.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Sept. 3, 2026 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced that it has granted inducement equity awards to six new non-executive officer employees, including in the aggregate 33,577 restricted stock units in reliance on the employment inducement exemption under the NYSE's Listed Company Manual Rule 303A.08. Kyndryl is issuing this press release pursuant to the requirements of that rule.

7,778 restricted stock units are eligible to vest in four equal annual installments beginning on the first anniversary of the grant date and 25,799 sign-on restricted stock units are eligible to vest in two equal annual installments beginning on the first anniversary of the grant date.

Each inducement equity award was communicated to the employee in their offer letter, as a material inducement to their acceptance of employment with the Company. The inducement equity awards were granted, as authorized by the Compensation and Human Capital Committee of the Board of Directors, on September 1, 2026 pursuant to the Kyndryl 2026 Employment Inducement Equity Incentive Plan adopted by the Board. Award terms under this inducement equity incentive plan are generally consistent with award terms under the Amended and Restated Kyndryl 2021 Long-Term Performance Plan. 

About Kyndryl

Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services, offering advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the Company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com. 

Investor Contact:
investors@kyndryl.com 

Media Contact:
press@kyndryl.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/kyndryl-grants-inducement-equity-awards-pursuant-to-nyse-rule-303a08-302869488.html

SOURCE Kyndryl

FAQ

What inducement equity awards did Kyndryl (KD) grant on September 1, 2026?

Kyndryl granted inducement equity awards totaling 33,577 restricted stock units to six new non‑executive officer employees. These awards were granted under the Kyndryl 2026 Employment Inducement Equity Incentive Plan as a material inducement to the employees’ acceptance of employment.

How are the new Kyndryl (KD) inducement restricted stock units structured and when do they vest?

The awards include 7,778 RSUs vesting in four equal annual installments and 25,799 sign-on RSUs vesting in two equal annual installments. Vesting for both grants begins on the first anniversary of the September 1, 2026 grant date.

Under which plan were Kyndryl’s (KD) 33,577 inducement RSUs granted?

The 33,577 inducement RSUs were granted under the Kyndryl 2026 Employment Inducement Equity Incentive Plan, which was adopted by the Board of Directors. Award terms are generally consistent with those under the Amended and Restated Kyndryl 2021 Long-Term Performance Plan.

Why did Kyndryl (KD) use NYSE Rule 303A.08 for these inducement equity awards?

Kyndryl relied on the employment inducement exemption in NYSE Rule 303A.08 to grant these RSUs as material inducements to the employees’ acceptance of employment and issued the press release to satisfy the disclosure requirement under that rule.

Who approved the September 2026 inducement equity awards at Kyndryl (KD)?

The inducement equity awards were granted on September 1, 2026, as authorized by the Compensation and Human Capital Committee of Kyndryl’s Board of Directors, in line with the company’s 2026 Employment Inducement Equity Incentive Plan.